Cheap auto insurance is easy to find as long as you know what you’re looking for and how to find it. To get the cheapest auto insurance, buying just the minimum in your state can do it. To save even more, compare prices.
First, you need to know your state’s legal minimum. To understand the numbers you might see, let’s take a look at a sample of the most common US low: 25/50/10, which is in effect in 12 states. The first 2 numbers refer to bodily injury liability (per person/per accident), while the third number refers to property damage liability (per accident). The numbers are in thousands of dollars, so 25/50/10 actually means $25,000/$50,000/$10,000.
There are about four other main types of auto insurance coverage: medical payments, uninsured motorist, collision, and comprehensive. Additional types of coverage are also available, such as towing and rental vehicles. However, if you are looking to save money, you can do so by purchasing only the minimum type/amount of coverage required by your state.
state minimum requirements
(Bodily Injury Per Person/Bodily Injury Per Accident/Property Damage Per Accident)
10/20/10: Louisiana, Florida, Oklahoma
12.5/25/7.5: Ohio
10/30/15: Arizona, Georgia, Nevada
5/30/15: Delaware, Pennsylvania, New Jersey, California
40/20/10: Maryland, Michigan, Hawaii, Connecticut, West Virginia, Alabama
40/20/15: Illinois, Iowa, Texas
5/20/40: Massachusetts
50/20/15: Idaho
50/25/10: Montana, Tennessee, Kansas, Wisconsin, Oregon, Missouri, Kentucky, Vermont, Washington, New York, New Mexico, Indiana
50/25/15: Arkansas, Colorado
50/25/20: Wyoming, Virginia
50/25/25: Nebraska, North Dakota, Rhode Island, New Hampshire, South Dakota, South Carolina, Mississippi
25/65/15: Utah
30/60/10: Minnesota
30/60/25: North Carolina
50/100/25: Alaska, Maine
Once you know the minimum that is legally required in your state, you must complete a series of quote forms. Some of the quotes are likely to offer very cheap car insurance.
